Allied Tech got sold down immediately after the good news. My morning outlook was correct as selling is the way to go than buying the stock after the news was released.
http://stockmarketmindgames.blogspot.sg/2017/12/allied-tech-disposed-stake-for-25m.html
Think about it, if it's really good news for the company, then why from 0.077, the stock got sold down to a low of 0.071? It's definitely 100% good news for the company, but it's a bad news for the stock price. The stock market had already factored in before the price jump and selling was only the way to go for today.
Ronald K - Market Psychologist - A Stock Market Opportunist
